Walmart likely to raise prices if Trump enforces tariffs, CFO says
Walmart has signaled price hikes should be expected if President-elect Donald Trump makes good on his plan to implement a broad tariff regime. The retailer's CFO John David Rainey said the company would likely have to raise its prices,
Walmart warns it will have to raise prices if Trump’s tariffs are enacted
Walmart warns it will have to raise prices if Trump’s tariffs are enacted - Trump claimed tariffs are the ‘greatest thing ever invented’
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.
Walmart exec: Prices ‘probably’ will go higher under Trump
He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports. To punish the machinery manufacturer John Deere for its plans to move some production to Mexico, Trump vowed to tax anything Deere tried to export back into the United States — at 200%.
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart is the latest company to signal price hikes may be on the way if Donald Trump makes good on his tariffs promise.
Trump’s Tariffs Will ‘Probably’ Cause Walmart Price Hikes, CFO Says
The Walmart executive’s comments hint at the trickle-down impact of tariffs, as companies pay the import tax upfront and often pass on the higher input costs associated with these fees to consumers.
Walmart says price hikes likely if Trump tariffs take effect
Walmart is the latest company warning of price increases if President-elect Donald Trump follows through on a plan to significantly expand tariffs. “We never want to raise prices,” Walmart CFO John David Rainey told CNBC on Tuesday.
Walmart issues inflation warning as Trump preps massive tariff hikes
Trump says tariffs are a 'tax on foreign countries.' The world's largest retailer says Americans will pay more.
Walmart says Trump's tariffs could mean higher prices
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Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.” ...